CUT BANK, MT, May 21, 2015 /CNW/ - Mountainview Energy Ltd. ("Mountainview" or the "Company") (TSX-V: MVW) announces its operating and financial results for the quarter ended March 31, 2015. The Company also announces that its financial statements and management's discussion and analysis for the quarter ended March 31, 2015, are available on SEDAR at www.sedar.com, and on Mountainview's website at www.mountainviewenergy.com. Quarter End Financials During the first quarter of 2015, [Read more]
Bellatrix Announces Closing of Private Offering of US$250 Million of Senior Notes Due 2020
CALGARY, May 21, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce that it has closed its private offering of US$250 million of 8.500% senior unsecured notes due 2020 (the "notes"). Bellatrix intends to use the net proceeds from the note offering to partially repay borrowings outstanding under its bank credit facility, thereby strengthening the Company's capital structure and increasing the Company's liquidity. In accordance with [Read more]
Journey Energy Inc. reports on voting from the 2015 shareholders meeting
CALGARY, May 21, 2015 /CNW/ - Journey Energy Inc. (JOY – TSX) ("Journey" or the "Company") reports that all matters presented for approval at the Company's Annual General Meeting of shareholders held May 20, 2015 have been fully authorized and approved. 1. Fixing the Number of Directors to be Elected at the Meeting On a vote by a show of hands, the number of directors of the Corporation to be elected at the Meeting was fixed at six members. The number in respect of the vote are based on the [Read more]
Pembina Pipeline Corporation to Provide Terminalling Services for Sturgeon Refinery; Signs Deal for New Pipeline Lateral
CALGARY, May 21, 2015 /CNW/ - Pembina Pipeline Corporation ("Pembina" or "the Company") (TSX: PPL; NYSE: PBA) announced that it will provide terminalling services for the North West Redwater Partnership ("North West") with respect to North West's planned refinery (the "Sturgeon Refinery"). Separately, the Company also announced that it has entered into agreements to construct a new pipeline lateral in the Karr area of Alberta (the "Karr Lateral") to service growing production from the Montney [Read more]
Ikkuma Resources Corp. Announces First Quarter 2015 Financial and Operating Results and Increased Production Guidance
CALGARY, May 21, 2015 /CNW/ - Ikkuma Resources Corp. ("Ikkuma" or the "Corporation") (TSXV: IKM) is pleased to report its financial and operating results for the three months ended March 31, 2015. Selected financial and operational information is set out below and should be read in conjunction with Ikkuma's interim condensed financial statements and the related management's discussion and analysis ("MD&A") for the three months ended March 31, 2015. Ikkuma's condensed interim financial [Read more]
Bellatrix reports voting results from 2015 annual Meeting
TSX, NYSE: BXE CALGARY, May 20, 2015 /CNW/ - Bellatrix Exploration Ltd. ("Bellatrix" or the "Company") (TSX, NYSE: BXE) is pleased to announce the voting results from its annual and special meeting of shareholders held May 20, 2015 in Calgary, Alberta (the "Meeting"). Each of the matters voted upon at the Meeting is discussed in detail in the Company's Management Information Circular dated April 10, 2015 (the "Information Circular") and is available on the Company's website under "Downloads – [Read more]
Perpetual Energy Inc. Announces Election of Directors
CALGARY, May 20, 2015 /CNW/ - (TSX: PMT) – Perpetual Energy Inc. ("Perpetual", the "Corporation" or the "Company") is pleased to announce that the nominees listed in the management proxy circular dated April 1, 2015 were elected as directors of Perpetual. The detailed results of the vote for the election of directors held at its annual meeting of shareholders earlier today in Calgary, Alberta are set out below. Election of Directors On a vote by ballot, each of the following eight nominees [Read more]
TORC Oil & Gas Announces Closing of Financings and Reiterates $125 Million Capital Budget and Production Guidance
CALGARY, May 20, 2015 /CNW/ - TORC Oil & Gas Ltd. ("TORC" or the "Company") (TSX:TOG) is pleased to announce the closing today of its previously announced bought deal prospectus offering of subscription receipts (the "Bought Deal Financing") and its previously announced private placement of subscription receipts (the "CPPIB Investment") to the Canada Pension Plan Investment Board ("CPPIB"). Pursuant to the Bought Deal Financing, TORC issued 28,520,000 subscription receipts at a price of [Read more]
EDC: Alberta exports to bounce back from energy losses in 2016
EDMONTON, May 20, 2015 /CNW/ - The dramatic drop in oil and gas prices will lead to a 17 per cent fall in Alberta's export earnings in 2015, but partial price recovery and volume gains will help overall exports rebound in 2016 to the tune of 19 per cent growth. The forecast was made today by Export Development Canada (EDC), Canada's leading provider of small business financing and insurance for companies with sales or business outside of Canada. "This will be a difficult year for Alberta [Read more]
Sun Kwok Ping Files Early Warning Report for Purchase of Common Shares in Sunshine Oilsands Ltd.
HONG KONG and CALGARY, Alberta, May 20, 2015 /CNW/ -- Mr. Sun Kwok Ping (the "Securityholder") has filed an early warning report dated May 20, 2015 advising of the purchase of 51,830,000 common shares of Sunshine Oilsands Ltd. (the "Company") (HKEX: 2012; TSX: SUO) at an average price of HK$0.695 per share and the purchase of 39,614,500 common shares of the Company at an average price of HK$0.720 per share of representing, in aggregate, approximately 2.35% of the outstanding common shares of the [Read more]
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